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Weekend Reading For Financial Planners (January 13-14)

Nerd's Eye View

Also in industry news this week: The Department of Labor (DoL) this week published a final rule delineating what makes an individual an independent contractor versus a company employee, though it did not provide specific guidance for registered representatives of broker-dealers and other financial professionals who have expressed concern that their (..)

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Rabbithole: What Do People Get Wrong About Money?

The Big Picture

” A : Money is NOT a store of value to be useful, a dollar must maintain its value long enough for me to pay my rent or mortgage, buy food and energy, fund my entertainment and travel, pay my taxes, and get invested. The GFC I had a more money at risk; Covid was fully invested, with a 401k, portfolio and of course, the firm.

Investing 195
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Budgeting For Couples: How To Budget As A Couple

Clever Girl Finance

Budgeting as a couple is critical in managing your household finances. Your budget not only allows you to plan and track where the money will be spent, but it enables you to direct the course of your finances together. Table of contents 5 Steps to get started budgeting as a couple Expert tip What is the best way to budget as a couple?

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7 Steps to Define and Align Your Money Values for Success

Clever Girl Finance

Your money values influence the decisions you make about budgeting, saving, investing, and even giving. That realization encouraged me to create a fun fund in my budget , so I could treat myself to experiences without guilt. If you value integrity, shift your portfolio toward ethical investments.

Ethics 98
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10 Thursday AM Reads

The Big Picture

One former Tiger employee recalls a partner taking a 10-hour red-eye to visit the offices of a prospective portfolio startup, crunching numbers, then meeting with the founders in the morning. Benedict Evans ) • The Glorious and Mysterious Fast-Food Chain That Could Be Coming to Your Town : Cheap burgers. Budget Has Receded.

Budgeting 147
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Budgeting For Kids: How To Get Them Started

Clever Girl Finance

When it comes to the subject of budgeting for kids, it’s an important lesson to learn young. With a solid foundation of budgeting basics , your kids will be set up for the real world better than most. You can also incorporate budgeting lessons into their lives at a young age. Think back to when you first learned about budgeting.

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A Few Thoughts On Diversification Strategies

Fortune Financial

It has been my experience when reviewing portfolios that diversification is typically expressed simply as a number of various stocks owned, or owning a handful of asset classes, usually stocks of various sizes and geographies, and bonds of varying maturities.